Calling recent stock market action a "buying stampede" unlike anything he's seen in more than 50 years of watching markets, Jeff Saut says the investors he talks to believe the rally is "artificially induced" and is set up for a crash. The big picture: QE remains, profits have risen along with stocks, the Advance/decline line has broken out to new highs - "there is nothing in the 'tea leaves' suggesting a repeat of double-digit declines" seen in the past 3 springs. [View news story]
High Interest rates???????? short money supply???????
..........." We are a sick economy, and sick bankers, sick politicians and apathetic voters............."
Sick Economy: weak growth rates despite an avalanche of money being pumped into the system. Inadequate modern education of our children to make them able to compete globally. Sick bankers: The buck stops nowhere anymore. Mrs. Chase CIO chief: "I was unaware what my traders did", Mr. Chairman: "I was not informed properly by my staff". Sick politicians: Unable to talk rationally about the great problems of our time leave alone solving them. Sick apathetic voters: anemic participation in all levels of national and local elections.
Depressing but nevertheless Have a good and peaceful Easter. U
Nomura's incorrigible bear Bob Janjuah says S&P to dip 5-10% in Q2 before hitting new nominal highs in Q3. Janjuah remains "as convinced as ever" that bullishness will "come under extreme pressure" late in the year. For now he recommends "getting short risk at a S&P level of 1550 … looking for a move down to 1450." [View news story]
yes you are right of course but I saw the writers main point as being the "finite cost" question.
If he buys puts he knows exactly what his exact loss will be.
Maybe I am missing something - please enlighten me. Always willing to learn.
Nomura's incorrigible bear Bob Janjuah says S&P to dip 5-10% in Q2 before hitting new nominal highs in Q3. Janjuah remains "as convinced as ever" that bullishness will "come under extreme pressure" late in the year. For now he recommends "getting short risk at a S&P level of 1550 … looking for a move down to 1450." [View news story]
what is there so difficult
buy April puts, May puts June puts and so on on a reasonable SPY strike price.
Apple: A Canary In The Stock Market Coal Mine [View article]
thank you so much for the common sense response to Mr. Abegaz, who has some good points in his different postings, but makes himself irrelevant by being so abusive. A pitty!
BTW, just a short while ago when it was reported that there were disagreements on the FOMC the market had a good hick-up.
Short sales on S&P 500 stocks fall to 5.6% of shares available, according to Bespoke. It's the lowest ratio since at least 2007 and compares to a record 12% amid the financial crisis. "When you have a market where investors are all in, there will no longer be short covering," says one money manager. [View news story]
Despite today's closing hiccup, the S&P 500 is up in January and February this year. This has occurred 26 times since 1945, notes Bob Pisani, and each time the S&P finished green for the year, with an average gain of 24%. [View news story]
JPMorgan's Tom Lee - who turned bearish early this year before turning bullish by January's end - turns bearish again, seeing no catalyst for further gains, but plenty of "vulnerability" to downside surprises. Better entry points for new money, he says, will be found later in H1. Where can we apply for this job? [View news story]
"Wenn der Hahn kraeht auf dem Mist aendert sich das Wetter, oder es bleibt wie es ist.
when the rooster crows on the manure pile the weather will change or remain as it is.
Insiders are selling at an alarming pace, writes Mark Hulbert, noting the Vickers insider sell-to-buy ratio has jumped to 9.2:1, the highest level since right before summer 2011's big selloff. The ratio was high in December as well, but this could have had to do with upcoming higher taxes. What's the excuse now? [View news story]
Up 5.31% so far this month, the S&P 500 is on track for its best January since 1997 - happy news for the "as January goes, so goes the year" crowd. Maybe of more interest: Apple - the S&P's highest-weighted member - is also the worst-performer, -14.3%. Has there ever been an instance when the index has done so well while its largest holding did so poorly? [View news story]
things have a way to "change on a dime". Just a small hint that Mommy comes in to take away the punch-bowl may do the trick.
Market Rally: Why You Should Be Worried [View article]
Quite correct, but all that stimulus seems to be sloshing around the banks and the stock market.
Infrastructure spending in this country is more than necessary as we are quickly becoming a second world country. (public transport/healthcare systems/education/ etc.etc.)
How can we get that stimulus into the infrastructure markets?? That is the question. (NYC has not build a bridge or tunnel since the 60ies of the last century; the subway system is years behind modern times.)
Calling recent stock market action a "buying stampede" unlike anything he's seen in more than 50 years of watching markets, Jeff Saut says the investors he talks to believe the rally is "artificially induced" and is set up for a crash. The big picture: QE remains, profits have risen along with stocks, the Advance/decline line has broken out to new highs - "there is nothing in the 'tea leaves' suggesting a repeat of double-digit declines" seen in the past 3 springs. [View news story]
short money supply???????
What are you talking about?
Sell The SPY On High? [View article]
..........." We are a sick economy, and sick bankers, sick politicians and apathetic voters............."
Sick Economy: weak growth rates despite an avalanche of money being pumped into the system. Inadequate modern education of our children to make them able to compete globally.
Sick bankers: The buck stops nowhere anymore. Mrs. Chase CIO chief: "I was unaware what my traders did", Mr. Chairman: "I was not informed properly by my staff".
Sick politicians: Unable to talk rationally about the great problems of our time leave alone solving them.
Sick apathetic voters: anemic participation in all levels of national and local elections.
Depressing but nevertheless
Have a good and peaceful Easter.
U
The S&P 500 Is Nowhere Near Its All-Time High [View article]
Nomura's incorrigible bear Bob Janjuah says S&P to dip 5-10% in Q2 before hitting new nominal highs in Q3. Janjuah remains "as convinced as ever" that bullishness will "come under extreme pressure" late in the year. For now he recommends "getting short risk at a S&P level of 1550 … looking for a move down to 1450." [View news story]
"finite cost" question.
If he buys puts he knows exactly what his exact loss will be.
Maybe I am missing something - please enlighten me. Always willing to learn.
Happy Easter to you
Uli35
Nomura's incorrigible bear Bob Janjuah says S&P to dip 5-10% in Q2 before hitting new nominal highs in Q3. Janjuah remains "as convinced as ever" that bullishness will "come under extreme pressure" late in the year. For now he recommends "getting short risk at a S&P level of 1550 … looking for a move down to 1450." [View news story]
buy April puts, May puts
June puts and so on on a reasonable SPY strike price.
you can easily calculate your finite cost.
Apple: A Canary In The Stock Market Coal Mine [View article]
Sokrates and Plato AND an early tee time
Apple: A Canary In The Stock Market Coal Mine [View article]
BTW, just a short while ago when it was reported that there were disagreements on the FOMC the market had a good hick-up.
Short sales on S&P 500 stocks fall to 5.6% of shares available, according to Bespoke. It's the lowest ratio since at least 2007 and compares to a record 12% amid the financial crisis. "When you have a market where investors are all in, there will no longer be short covering," says one money manager. [View news story]
What's one to do as a decent speculator?
Despite today's closing hiccup, the S&P 500 is up in January and February this year. This has occurred 26 times since 1945, notes Bob Pisani, and each time the S&P finished green for the year, with an average gain of 24%. [View news story]
JPMorgan's Tom Lee - who turned bearish early this year before turning bullish by January's end - turns bearish again, seeing no catalyst for further gains, but plenty of "vulnerability" to downside surprises. Better entry points for new money, he says, will be found later in H1. Where can we apply for this job? [View news story]
aendert sich das Wetter, oder
es bleibt wie es ist.
when the rooster crows on the manure pile
the weather will change or
remain as it is.
Insiders are selling at an alarming pace, writes Mark Hulbert, noting the Vickers insider sell-to-buy ratio has jumped to 9.2:1, the highest level since right before summer 2011's big selloff. The ratio was high in December as well, but this could have had to do with upcoming higher taxes. What's the excuse now? [View news story]
Up 5.31% so far this month, the S&P 500 is on track for its best January since 1997 - happy news for the "as January goes, so goes the year" crowd. Maybe of more interest: Apple - the S&P's highest-weighted member - is also the worst-performer, -14.3%. Has there ever been an instance when the index has done so well while its largest holding did so poorly? [View news story]
Just a small hint that Mommy comes in to take away the punch-bowl may do the trick.
Market Rally: Why You Should Be Worried [View article]
Infrastructure spending in this country is more than necessary as we are quickly becoming a second world country. (public transport/healthcare systems/education/ etc.etc.)
How can we get that stimulus into the infrastructure markets??
That is the question.
(NYC has not build a bridge or tunnel since the 60ies of the last century; the subway system is years behind modern times.)
Fear And Loathing On Wall Street [View article]
Beggars do ride now!
Fear And Loathing On Wall Street [View article]
beggars do ride now